This page includes Regulatory news filings supplied by issuers listed on the BSX. Please note the BSX is not responsible for the content, accuracy or completeness of announcements filed by issuers and disclaims all liability for any loss arising from reliance on information contained within issuer announcements.
iO Adria Limited – Results of AGM
Hamilton, Bermuda – 16 December, 2014 – In a filing with the Bermuda Stock Exchange (“BSX”), iO Adria Limited (the "Company"; Ticker: IAL.BH) announced the results of the Annual General Meeting (“AGM”) held on 15 December, 2014. The filing reads:
“The Company announces that shareholders have approved all resolutions presented at its Annual General Meeting held on 15 December 2014, including the approval of Special Business, as set out in the Company’s Circular to Shareholders dated 3 December 2014 (the “Circular”). At the meeting, 126,751,309 shares representing 69.11% of the total number of shares issued, were voted as follows:
1. Resolutions 1 – 10 inclusive, being the Ordinary Business of the meeting and requiring a majority of votes cast at the meeting for approval:
Votes For: 83.50%
Votes Against: 16.50%
2. Resolution 11, being Special Business of the meeting and requiring a majority of votes cast at the meeting for approval:
Votes For: 80.08%
Votes Against: 19.92%
3. Resolution 12, being Special Business of the meeting and requiring a majority of 75% of votes cast at the meeting for approval:
Votes For: 79.84%
Votes Against: 20.16%
So far as is known to the Directors, Shares held by Directors and members of the Management Team (as defined in the Circular) accounted for 13.55% of the votes cast at the Meeting and were voted in favour of all resolutions.”
-ends-
For further information on iO Adria Limited, please contact:
Mr. Garth Lorimer Turner
Tel: +1 441 295 2043, Fax +1 441 295 2047